WTO members have criticised measures like AatmaNirbhar Bharat to promote domestic manufacturing and import substitution. However, domestic support initiatives are being adopted by a number of other countries as well, and at times with a much higher quantum than India. Therefore, instead of singling out India, the forum must work...
Jagdish Fofandi, National President of Seafood Exporters Association of India, opines that the domestic fisheries industry would have been at an advantage, had we been included in the RCEP idea since India is not a large-scale importer of seafood and India faces stiff competition from competitors like Vietnam, Thailand, Indonesia....
The World Trade Organisation (WTO) defines de minimis as the “minimal amounts of domestic support that are allowed even though they distort trade — up to 5% of the value of production for developed countries, 10% for developing”. Introduction: The World Trade Organisation (WTO) allows governments to offer subsidies to...
At this stage India cannot afford to make concessions on the issue of getting developed economies reduce their agricultural subsidies. The high level of subsidies these countries give exposes Indian farmers to cheap imports and India still does not have sufficient firepower in terms of safeguard measures. Waning quantum of...
India understands this abuse of green box and its implications and therefore the need to reform and amend policies related to these boxes in order to stop box shifting. It also believes that there must be clear special safeguard measures. India will be pushing for finalising the work programme for...
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